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The Bank of Japan's January 31 Monetary Policy Statement kept the short-term rate at minus 0.1% and the 10-year JGB yield target at around zero. It maintained annual JGB purchases of about 80 trillion yen and extended loan support measures by one year.
The decision was approved by majority votes.
Unchanged BOJ policy keeps yen direction driven by US factors, so there is no new policy shock to dollar-based feed commodity pricing.
actionforex.comBank of JapanJan 31, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
